NEAR Protocol's total value locked (TVL) reached $244 million, including $171 million in its Confidential Intents product, showing a 6.4-fold increase since June partly due to incentives. In contrast, the Internet Computer (ICP) ecosystem holds about $12 million in TVL. NEAR's market cap is about 25 times its TVL, while ICP's is around 100 times. ICP founder Dom criticized NEAR's confidentiality model and raised concerns about vetKeys, highlighting ongoing disputes over technology licensing and trust models involving private shards and permissioned validators. This highlights competitive tensions and differing approaches in blockchain privacy and security.
NEAR Protocol's total value locked (TVL) stands at $244 million, including $171 million in its Confidential Intents product. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 25, 2026 02:51 WIB: out of 50 major cryptocurrencies, 4 rose and 45 fell today. Notable movers include BAT at Rp2.845 with a -8.57% change and EOS at Rp12.649 with an +8.13% change.
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